The Team


Jarle Roth


Prior to joining Umoe in 2019, Jarle Roth was the CEO of Arendals Fossekompani, and before that, the CEO of Export Credit Norway. He has also been the CEO of Unitor.

Mr Roth currently serves as board chairman of Umoe Bioenergy, Umoe Mandal, Umoe Industries, and Umoe Sterkoder, and is a board member of UAC. 

He has previously been the board chairman of Norske Skog ASA, Enova SF, Glamox AS, Powel AS and EFD Induction AS, and a board member of Kongsberg Gruppen ASA, Ekornes ASA, Multiconsult AS, Kverneland ASA, Awilco Offshore ASA, Grieg Shipping AS, and Aibel AS.

Mr. Roth holds a graduate degree from the Norwegian School of Economics (NHH).

Thomas Moe Børseth

Investment Director

Prior to joining Umoe in 2013, Thomas Moe Børseth was a management consultant at McKinsey, and a researcher at the University of Oslo. 

During his time at Umoe, he served as CFO of Sønnico from 2014 to 2017. He is currently the chairman of the board of UAC and Ocean Sun, and a board member of Umoe Bioenergy, Umoe Mandal and Umoe Industries. 

Mr. Moe Børseth is an ingénieur diplomé (M.Sc.) in Applied Physics from the Institut National des Sciences Appliquées de Toulouse (INSA Toulouse) and has a PhD in physics from the University of Oslo.

Knud Dalaker

Chief Accountant

Knud Dalaker joined Umoe in 2000 and has held various positions in the company's finance and accounting department. 

Before joining Umoe, he worked as controller for the Color Air/Color Group, from 1998 to 2000, and as auditor with Arthur Andersen & Co, from 1992 to 1998. He is on the board of the majority of Umoe's real-estate companies.

Mr Dalaker holds a master’s degree and accounting and auditing from BI Norwegian Business School and is a Certified Public Auditor from the Norwegian School of Economics (NHH).

Julia Sheremeteva

Chief accountant

Julia joined Umoe in 2014 after graduating from the UiT The Arctic University of Norway in Narvik. She also studied at Handelshøyskolen BI from 2015 to 2017. Julia is on the board of the majority of Umoe's real-estate companies.

Ellen Daun

Executive assistant

Ellen Daun joined Umoe in 1990, having previously worked at the US Air Force, at the Royal Caribbean Cruise Line, and with the Norwegian Shipowners’ Association.

She is educated at the Secretary School for Students, Oslo Handelsgymnasium.

The Board

Jens Ulltveit-Moe

Founder and chairman of the board

Before establishing Umoe AS in 1984, Jens Ulltveit-Moe was a consultant with McKinsey in New York and London, before developing the oil tanker division of the SHV group in the Netherlands. He then headed the turnaround of the shipping company Knut Knutsen OAS from 1980. 

Mr. Ulltveit-Moe is a former president of both the Norwegian Shipowners' Association and the Confederation of Norwegian Enterprises and is currently the chairman of the board of Cicero and serves as a board member of the Environmental Defense Fund Ltd. Europe.

He holds a master's degree in Business and Economics from the Norwegian School of Economics (NHH) and a master's degree in International Affairs from Colombia University.

Ragnhild Kierulf Ulltveit-Moe

Board member

Ragnhild Ulltveit-Moe was elected to the board in 2001. She has worked for the United Nations Development Programme in China, for Umoe Bioenergy from 2009 to 2011 and for Umoe Restaurants, from 2012 to 2013. 

She currently works as a political advisor at the Norwegian Parliament.

Ms. Ulltveit-Moe holds bachelor's degree from the University of Bergen and the Norwegian School of Economics (NHH), and a master’s degree from the London School of Economics (LSE).

Erik Sauar

Board member

Erik Sauar is currently the CEO of Cenate, and a board member of Zero, Differ, Fosera and Radionor. He was the CTO of REC from 2001 to 2012. 

Mr. Sauar holds an M.Sc. in Chemical Engineering, an M.A. in Anthropology, and a Dr. Techn. degree in Physical Chemistry. He is also the inventor of more than 35 patents.

Øystein Kalleklev

Board member

Øystein Kalleklev is currently the CEO of Flex LNG. He has previously been the CFO of Flex LNG, a director at Seatankers Management, and has also worked at Accenture, Umoe, and Clarksons Platou.

Mr Kalleklev holds an M.Sc. in Business and Administration from NHH, and a BA in Business and Finance from the Herriott-Watt University.

Design & Development by